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Unit 3: Market Supply and Equilibrium




          Answers: Self  Assessment                                                             Notes

          1.   (a)  True         (b)  False         (c)  True          (d)  False
               (e)  False
          2.   (a)  Higher       (b)  Upward        (c)  Equal to      (d)  Below
               (e)  Equilibrium  (f)  equilibrium

          3.7 Further Readings




           Books      Dr. Atmanand, Managerial Economics, Excel Books, Delhi.
                      Hague, D.C., Managerial Economics.
                      Haynes, Mote and Paul, Managerial Economics–Analysis and Cases, Vakils. Fellner
                      and Simons Private Ltd., Bombay.
                      Malcolm P. McNair and Richard S. Meriam, Problems in Business Economics, McGraw-
                      Hill Book Co., Inc.



          Online links  http://www.netmba.com/econ/micro/supply-demand/
                      http://www.basiceconomics.info/supply-and-demand.php
                      http://ingrimayne.com/econ/DemandSupply/OverviewSD.html
                      http://tutor2u.net/economics/revision-notes/as-markets-equilibrium-
                      price.html








































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